From: Rubikkav
Bitcoin surged through $40,000 over the weekend, hitting highs not seen in 19 months and surprising many who felt regulatory scrutiny would keep crypto prices suppressed. But this time Bitcoin proved resilient despite regulatory pressure.
We're here today to catch you up on...
Click here to read more
Bitcoin surged through $40,000 over the weekend, hitting highs not seen in 19 months and surprising many who felt regulatory scrutiny would keep crypto prices suppressed. But this time Bitcoin proved resilient despite regulatory pressure.
We're here today to catch you up on...
Click here to read more
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From: Rubikkav
There is currently no significant selling pressure in the market. Well, of course there is, but it's minimal. #Bitcoin
👀 See the real pressure that existed before February and compare it to what it is now.
There are many new addresses online – this stimulates the growth of...
Click here to read more
There is currently no significant selling pressure in the market. Well, of course there is, but it's minimal. #Bitcoin
👀 See the real pressure that existed before February and compare it to what it is now.
There are many new addresses online – this stimulates the growth of...
Click here to read more
👍1
From: Rubikkav
Crypto policy spotlight shifts to 2024 US presidential race.
Brazil's largest bank approves crypto trading 🇧🇷
Hashdex predicts U.S. spot Bitcoin and Ether ETFs will launch by Q2 2024🚀.
New tech launched to modernize carbon credits 🌳.
Cosmos projects propose major DeFi ...
Click here to read more
Crypto policy spotlight shifts to 2024 US presidential race.
Brazil's largest bank approves crypto trading 🇧🇷
Hashdex predicts U.S. spot Bitcoin and Ether ETFs will launch by Q2 2024🚀.
New tech launched to modernize carbon credits 🌳.
Cosmos projects propose major DeFi ...
Click here to read more
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From: Rubikkav
Despite a market rally, Bitcoin and Ethereum active addresses both fell by 6% and 3% respectively over the week.
As explored above, stablecoin activity continues to heat up with USDC active addresses rising 9%.
Forked chains Litecoin, Bitcoin Cash, and Ethereum Classic all...
Click here to read more
Despite a market rally, Bitcoin and Ethereum active addresses both fell by 6% and 3% respectively over the week.
As explored above, stablecoin activity continues to heat up with USDC active addresses rising 9%.
Forked chains Litecoin, Bitcoin Cash, and Ethereum Classic all...
Click here to read more
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From: Rubikkav
In the last few hours, #Bitcoin cleared all existing short liquidity above 43k. Really surreal. Following the monthly parameters, the next maximum resistance is very close to $47698.23.
Click here to read more
In the last few hours, #Bitcoin cleared all existing short liquidity above 43k. Really surreal. Following the monthly parameters, the next maximum resistance is very close to $47698.23.
Click here to read more
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From: Rubikkav
To put the current profitability of the offer into perspective, the graph below highlights three typical phases of the cycle over the last 5 years, #Bitcoin.
Bottom Discovery 🟥 where less than 58% (-1 std) of coins in circulation are profitable.
Bear/Bull transition 🟨 whe...
Click here to read more
To put the current profitability of the offer into perspective, the graph below highlights three typical phases of the cycle over the last 5 years, #Bitcoin.
Bottom Discovery 🟥 where less than 58% (-1 std) of coins in circulation are profitable.
Bear/Bull transition 🟨 whe...
Click here to read more
From: Rubikkav
#Bitcoin mining is the perfect market equilibrium.
Difficulty adjustment keeps input costs in line with demand to acquire $BTC block rewards via power and hardware.
Our framework for estimating Cost of Production found miners are profitable ~50% of the time!
Click here to read more
#Bitcoin mining is the perfect market equilibrium.
Difficulty adjustment keeps input costs in line with demand to acquire $BTC block rewards via power and hardware.
Our framework for estimating Cost of Production found miners are profitable ~50% of the time!
Click here to read more
From: Rubikkav
#glassnode
#Bitcoin continues to lead as one of the best performing assets globally in 2023.
Not only has #BTC appreciated over 140% YTD, it has more than doubled relative to gold, and still dominates against the rest of the digital asset industry.
Click here to read more
#glassnode
#Bitcoin continues to lead as one of the best performing assets globally in 2023.
Not only has #BTC appreciated over 140% YTD, it has more than doubled relative to gold, and still dominates against the rest of the digital asset industry.
Click here to read more
From: Rubikkav
The $45K Cap: A Turning Point for Medium-Term #Bitcoin Investors.
“The $45,000 mark is key as it represents the cost base for investors who purchased Bitcoin 2-3 years ago. This group holds 16% of the offer and represents 33% of the realized limit.”
Click here to read more
The $45K Cap: A Turning Point for Medium-Term #Bitcoin Investors.
“The $45,000 mark is key as it represents the cost base for investors who purchased Bitcoin 2-3 years ago. This group holds 16% of the offer and represents 33% of the realized limit.”
Click here to read more
From: Rubikkav
#USDT #Tether supply edges toward 90 billion with potential influence on #Bitcoin prices.
USDT Tether experiences a 4 billion surge in circulating supply, echoing trends in Bitcoin's valuation.
🔥Monthly Derivatives #Exchange Volume Increased by 30% in November.
Derivativ...
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#USDT #Tether supply edges toward 90 billion with potential influence on #Bitcoin prices.
USDT Tether experiences a 4 billion surge in circulating supply, echoing trends in Bitcoin's valuation.
🔥Monthly Derivatives #Exchange Volume Increased by 30% in November.
Derivativ...
Click here to read more
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From: Rubikkav
$BTC correlation with $ETH hits a multi-year low in Nov.
BTC's 60-day correlation with ETH fell to a multi-year low of 75% in November and continued hovering below 80% for the longest period since July 2021.
ETH has mostly underperformed BTC and other altcoins since the Mer...
Click here to read more
$BTC correlation with $ETH hits a multi-year low in Nov.
BTC's 60-day correlation with ETH fell to a multi-year low of 75% in November and continued hovering below 80% for the longest period since July 2021.
ETH has mostly underperformed BTC and other altcoins since the Mer...
Click here to read more
From: Rubikkav
After a brutal #crypto winter, #Bitcoin is finally on the move. Just yesterday, $BTC briefly broke above $44k before settling back around $43k.
With many predictions circling $45k Bitcoin before year's end, perhaps this rally has legs after all.
Bitcoin futures open intere...
Click here to read more
After a brutal #crypto winter, #Bitcoin is finally on the move. Just yesterday, $BTC briefly broke above $44k before settling back around $43k.
With many predictions circling $45k Bitcoin before year's end, perhaps this rally has legs after all.
Bitcoin futures open intere...
Click here to read more
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From: Rubikkav
#Bitcoin to US long bond ratio matches ATH last seen in 2021.
Bitcoin hits new milestone against TLT, intensifying the notion of crypto over traditional bonds.
Short-term Bitcoin holders may have cashed in $3B as long-term investors hold steady.
In a two-day spree, Bitcoin...
Click here to read more
#Bitcoin to US long bond ratio matches ATH last seen in 2021.
Bitcoin hits new milestone against TLT, intensifying the notion of crypto over traditional bonds.
Short-term Bitcoin holders may have cashed in $3B as long-term investors hold steady.
In a two-day spree, Bitcoin...
Click here to read more
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From: Rubikkav
BTC's price peaks at a new all-time high.
BTC then suffers a painful 80% or so drawdown.
The price eventually bottoms almost exactly one year after the prior cycle's high.
BTC starts to recover and takes about two years to reach a new all-time high.
BTC continues to rally...
Click here to read more
BTC's price peaks at a new all-time high.
BTC then suffers a painful 80% or so drawdown.
The price eventually bottoms almost exactly one year after the prior cycle's high.
BTC starts to recover and takes about two years to reach a new all-time high.
BTC continues to rally...
Click here to read more
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From: Rubikkav
In November, spot and derivative trading volumes on centralised exchanges reached their highest level since March 2023. Spot trading volume on centralised exchanges rose for the second consecutive month, rising 52.8% to $965.8bn.
This was the highest spot trading volume rec...
Click here to read more
In November, spot and derivative trading volumes on centralised exchanges reached their highest level since March 2023. Spot trading volume on centralised exchanges rose for the second consecutive month, rising 52.8% to $965.8bn.
This was the highest spot trading volume rec...
Click here to read more
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From: Rubikkav
#Bitcoin is heating up! Optimism for $BTC has been at an all-time high since June. But remember, #BTC is contrarian and doesn't always follow the crowd.
Futures traders better take note! This increase in optimism could be a precursor to a price correction. Stay alert!
This ...
Click here to read more
#Bitcoin is heating up! Optimism for $BTC has been at an all-time high since June. But remember, #BTC is contrarian and doesn't always follow the crowd.
Futures traders better take note! This increase in optimism could be a precursor to a price correction. Stay alert!
This ...
Click here to read more
From: Rubikkav
📈 #Cardano's market cap is +7% today despite most #crypto falling on Wednesday. The total number of $ADA addresses has been decreasing, which is a good sign.
Typically, declining portfolios are a sign that smallholders are capitulating and selling to the whales at a loss.
...
Click here to read more
📈 #Cardano's market cap is +7% today despite most #crypto falling on Wednesday. The total number of $ADA addresses has been decreasing, which is a good sign.
Typically, declining portfolios are a sign that smallholders are capitulating and selling to the whales at a loss.
...
Click here to read more
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From: Rubikkav
#Bitcoin Supply Shrinks Amid Anticipation of Major Market Events.
In late October 2023, the Bitcoin market experienced a notable event as the price hit $34.4K, indicated by a green dot 🟢.
At this point, there was a decrease in selling activity from both short-term holders...
Click here to read more
#Bitcoin Supply Shrinks Amid Anticipation of Major Market Events.
In late October 2023, the Bitcoin market experienced a notable event as the price hit $34.4K, indicated by a green dot 🟢.
At this point, there was a decrease in selling activity from both short-term holders...
Click here to read more
👍1
From: Rubikkav
As we established last week, Bybit has been one of the fastest growing exchanges as measured by spot volume. This trend is even more compelling when taking a closer look at volume by stablecoins.
Since the start of November, Bybit has facilitated $25bn of USDC volume and $41...
Click here to read more
As we established last week, Bybit has been one of the fastest growing exchanges as measured by spot volume. This trend is even more compelling when taking a closer look at volume by stablecoins.
Since the start of November, Bybit has facilitated $25bn of USDC volume and $41...
Click here to read more
❤1
From: Rubikkav
Transaction fees on #æEthereum, called “gas” in the jargon of this network, rose 90% between November and December. The median gas rate went from 31.4 Gwei to 58.5 Gwei from November 6 to December 6.
According to data collected by the analyst identified as Hildobby and shown...
Click here to read more
Transaction fees on #æEthereum, called “gas” in the jargon of this network, rose 90% between November and December. The median gas rate went from 31.4 Gwei to 58.5 Gwei from November 6 to December 6.
According to data collected by the analyst identified as Hildobby and shown...
Click here to read more
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From: Rubikkav
Key #Bitcoin indicators highlight bullish trend, reminiscent of past bull runs
Strategic moving averages indicate a positive shift in Bitcoin's financial landscape.
Bitcoin transaction fees surge, rivaling #Ethereum daily gas fee totals
As mempool volume increases, Bitcoin...
Click here to read more
Key #Bitcoin indicators highlight bullish trend, reminiscent of past bull runs
Strategic moving averages indicate a positive shift in Bitcoin's financial landscape.
Bitcoin transaction fees surge, rivaling #Ethereum daily gas fee totals
As mempool volume increases, Bitcoin...
Click here to read more
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